Huntington National Bank Sells 70,267 Shares of Procter & Gamble Company (The) $PG

Huntington National Bank reduced its position in Procter & Gamble Company (The) (NYSE:PGFree Report) by 10.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 580,245 shares of the company’s stock after selling 70,267 shares during the quarter. Huntington National Bank’s holdings in Procter & Gamble were worth $83,155,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after purchasing an additional 150 shares in the last quarter. Park Square Financial Group LLC lifted its holdings in shares of Procter & Gamble by 65.1% in the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares in the last quarter. Maseco LLP bought a new position in shares of Procter & Gamble in the 4th quarter worth $28,000. Saranac Partners Ltd bought a new position in shares of Procter & Gamble in the 3rd quarter worth $30,000. Finally, Caitlin John LLC bought a new position in shares of Procter & Gamble in the 3rd quarter worth $34,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble News Summary

Here are the key news stories impacting Procter & Gamble this week:

Insider Activity at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction on Friday, February 27th. The stock was sold at an average price of $165.29, for a total transaction of $917,194.21. Following the sale, the chief executive officer directly owned 1,029 shares in the company, valued at $170,083.41. The trade was a 84.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.20% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on PG shares. Wells Fargo & Company increased their target price on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Barclays dropped their price objective on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Morgan Stanley dropped their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Piper Sandler raised their price objective on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Finally, TD Cowen raised their price objective on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $161.06.

View Our Latest Stock Analysis on PG

Procter & Gamble Trading Up 3.2%

NYSE PG opened at $147.52 on Thursday. The stock has a market capitalization of $343.52 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 6.13 and a beta of 0.41. Procter & Gamble Company has a one year low of $137.62 and a one year high of $170.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The business’s fifty day moving average is $144.58 and its 200-day moving average is $147.92.

Procter & Gamble (NYSE:PGGet Free Report) last released its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The company had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were paid a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.

Procter & Gamble Company Profile

(Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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